The Afreximbank has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility to help African countries deal with the economic and health impacts of the COVID-19 pandemic.
Konnect Africa, Schoolap and Flash Services have announced a Memorandum of Understanding to connect several thousand schools across the Democratic Republic of Congo (DRC) to the Internet.
Air Seychelles has announced that the airline has taken delivery of its new A320neo aircraft registered as ‘S7-PTI’.
Radwin, the global wireless broadband provider, has signed a partnership agreement with Mobax, a telecommunications and technology company in South Africa.
Online international money transfer company WorldRemit has joined forces with Paykii to launch international bill payments using the WorldRemit app or website.
MTN Benin has extended its long-term relationship with Ericsson to provide world-class managed services, including Network Operations Center, Field Services in Radio, Core and Transmission in Benin.
The International Air Transport Association is appealing to governments in Africa and the Middle East to provide emergency support to airlines as they fight for survival as a result of the COVID-19 crisis.
As economies take a hit from the impacts of the Coronavirus pandemic, the crisis is birthing opportunities and continues to create crucial lessons on resilience and adaptation especially in Africa.
It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas find in over sixty years of mostly disappointing oil and gas exploration.
[South Africa] Data sharing platform Omnisient receives funding from Nedbank, Investec and Compass Venture Capital
Omnisient, a Cape Town-based Privacy-by-Design startup that specializes in secure data sharing for businesses, has landed pre-Series A funding from Nedbank CIB, Investec and Compass Venture Capital.
ROAM Africa (Ringier One Africa Media), Africa’s classifieds group, has announced that it is requiring all employees to work remotely as part of efforts to protect its workforce from the COVID-19 virus.
Loon, the Alphabet company working to bring balloon-powered Internet to Kenya with its local partner, Telkom Kenya, announce the reception of all regulatory and Cabinet approvals to begin flying balloons in Kenya.
[South Africa] High Court dismisses Risc Technology application to interdict B-BBEE Commission from performing
The B-BBEE Commission welcomes High Court's decision to dismiss with cost the urgent application by Risc Technology Integration to interdict the Commission from implementing its decision and recommendations.
World Health Organization is launching a messaging service with partners WhatsApp and Facebook to keep people safe from coronavirus.
African Telecommunications Union calls for harmonized action by telecommunications regulators to combat Coronavirus Pandemic
The African Telecommunications Union has put together a set of guidelines to assist in combating the Coronavirus disease (COVID-19) pandemic that every Member State should consider.
African Finance Ministers call for coordinated COVID-19 response, mitigate adverse impact on economies and society
African Finance Ministers met on a virtual conference to exchange ideas on the efforts of their respective governments in dealing with the social and economic impacts of COVID-19.
While automation and digital technologies are disrupting the workplace as we traditionally know it, it has become imperative for organizations to start reskilling their workforce.
Last year’s World Bank Doing Business report indicate the overall business climate in sub-Saharan Africa is steadily improving.
The United Nations Capital Development Fund has partnered with digital services providers aimed at increasing access to and usage of digital services in the North and West Nile regions of Uganda.
Myron Brilliant, Executive Vice President and Head of International Affairs, U.S. Chamber of Commerce said that the administration is working with Congress to reach a high-standard, comprehensive free trade agreement with Kenya.
African Development Bank renews risk participation agreement for trade finance with Sumitomo subsidiary
The Board of Directors of the African Development Bank approved a $200 million Trade Finance Risk participation agreement (RPA) between Sumitomo Mitsui Banking Corporation Europe (SMBCE) and the African Development Bank.
The Burundi National Bureau of Standards has received equipment worth €150,000 to support its operations and improve regional market access for Burundi products.
MTN has confirmed that regulatory approvals have now been received for the disposal of its stake in ATC Ghana.
The African Development Bank has signed an $800,000 grant agreement with the government of Seychelles to support micro, small and medium enterprises (MSMEs) in its Blue Economy sector.
The World Bank approved $500 million from the International Development Association (IDA) in continued support of the Government of Ethiopia’s Homegrown Reform Agenda.
Alibaba Cloud, the data intelligence backbone of Alibaba Group, says it has offered medical personnel around the world advanced cloud-based technology applications in the fight against the COVID-19 pandemic.
Global peer-to-peer bitcoin marketplace, Paxful, is shining the spotlight on the contribution women are making to the rapidly growing blockchain and bitcoin industries.
Mastercard has launched the rollout of its first 2020 Girls4Tech programme in Nigeria.
Bolloré Transport & Logistics Ethiopia, a new subsidiary, has been officially launched as part of a joint venture between Bolloré Transport & Logistics and the Ethiopian company CLS Logistics
Etihad Cargo has announced its freighter schedule for the IATA summer season, boosting capacity to its top freighter gateways.
The Russian developer of office software "My Office" and the Cameroon's Ministry of Education have agreed to provide one million software licenses of My Office Education in schools.
REREC partnered with SAP to enable expert bid evaluation, contract lifecycle management and supplier self-service through a digital transformation project named Project Platinum.
GoSolutions has been part of the GoGlobal group since 2015. GoGlobal, a business renowned for their logistics planning and systems, have been part of many ground-breaking business ventures.
Dentsu Aegis Network sub-Saharan Africa has launched Dentsu Data Labs - this specialist division will lead the way in data intelligence and consultancy, marketing technology and audience insights.
Africa’s e-commerce platform Jumia has announced a major partnership with Reckitt Benckiser, the global health products manufacturer to help consumers access hygienic products at the lowest price.
EMQ, a global financial settlement network, has announced its footprint expansion into Africa.
Absa Group Limited's subsidiaries outside of South Africa have selected and deployed KAI, Africa's first Conversational AI powered virtual banking assistant.
Global premier mobile phone brand TECNO Mobile is changing the world of smartphone cameras in emerging markets once again with the upcoming launch of its smartphone CAMON 15 series.
Nigeria's smartphone market grew 5.3% quarter on quarter in Q4 2019, according to the latest figures from global technology and consulting services firm International Data Corporation (IDC).
Stanley Njeru is the CEO of Buyer Logistics Limited, a Kenyan-based startup offering freight forwading, custom clearance, warehousing and motor vehicle importation services.
Kenya's smartphone market saw shipments increase 20.3% year on year in Q4 2019, according to the latest figures from global technology and consulting services firm International Data Corporation (IDC).
Sometimes it is easy to forget how interconnected human lives across the globe have become.
Economies within the Economic Community of Central African States (ECCAS) will collectively have a 4.7 percentage point drop in their projected GDP growth this year as a result of the severe impact of the Coronavirus outbreak.
An economic diversification project supported by the Africa Development Bank was launched in Botswana to strengthen the small stock, tourism and horticulture industries by improving businesses linkages particularly among SMEs.
Two members of Africa’s artificial intelligence (AI) community in response to the global COVID-19 pandemic, have launched two initiatives seeking data science solutions to fight the viral disease.
Africell, the US-owned mobile network operator with more than 12 million customers in four African countries has announced the completion of a significant group reorganization.
From the Black Mirror series to the recent Terminator sequel, Hollywood keeps showing us pessimistic visions of the future.
The Economic Commission for Africa warned the unfolding coronavirus crisis could seriously dent Africa’s already stagnant growth with oil exporting nations losing up to US$ $65 billion in revenues as crude oil prices continue to tumble.
The slowdown of manufacturing in China due to the coronavirus outbreak is disrupting world trade and could result in a $50 billion decrease in exports according to estimates published by UNCTAD.
Digicape, one of only two Apple premium resellers in South Africa, has just launched its rebrand, sporting a fresh look and feel that reflects the brand's journey over the past 18 years.
MusicTime®, the world’s first time based music streaming application has revealed its new corporate identity.
SAP has announced it is opening up free access to two of its leading applications to assist businesses grappling with the effects of the coronavirus.
Tunisia can now export its products to 15 member States of the COMESA Free Trade Area without paying import duties after completing the process of developing and issuing the legal instruments for trading.
Samsung and Mastercard to enable digital access to consumers and small businesses in emerging markets
Mastercard has announced a global partnership with Samsung to enable digital access to consumers and small businesses in emerging markets through its extensible Pay on Demand platform.
Telkom Kenya has landed the Djibouti Africa Regional Express 1 (DARE 1) submarine cable in Mombasa Kenya.
The market of instant messaging software is predominantly driven by the growing mobile messaging platforms.
Google has announced that it will double its commitment to women in Africa and aims to train 20,000 women this year.
Itron, Inc., which is innovating the way utilities and cities manage energy and water, announced the launch of its Cyble 5 communications module for utilities and cities in Europe, the Middle East and Africa (EMEA).
Intracom Telecom has announced the supply of its market-leading Point-to-Point microwave (PtP MW) radio, OmniBAS™, to the Border Management Programme for the Maghreb.
[kenya] Receivables finance can help close Africa’s $90 billion SME ginancing gap, Central Bank Governor
Receivables finance is an important tool that can help to close the $90 billion funding gap faced by small and medium-sized enterprises in Africa, Dr. Patrick Njoroge, Governor of Central Bank of Kenya said.
IrisGuard UK Ltd has announced the deployment of its revolutionary EyePay® Cash mobile platform enabling refugees in Egypt to receive their financial aid assistance via iris identification.
Fiorano Software has announced that Crédit Agricole, Egypt has implemented the Fiorano Hybrid Integration Platform (HIP) to reduce time and cost required for integrating applications.
Global healthcare cloud market revenue is expected to surge at a compound annual growth rate of 25.1 per cent from 2018 to 2023 according to a recent report by Research and Markets.
NTT Ltd. has announced it has earned the SAP on Microsoft Azure advanced specialization, a validation of a solution partner’s capability to deliver high-quality services in a specific solution area.
Vembu, a backup and disaster recovery solution vendor, has announced a partnership with MBUZZ technologies, a Value-Added Reseller in the Middle East, Africa, and Europe region.
Artificial intelligence, blockchain architecture, robotics, cryptocurrencies, virtual reality - these concepts are all going to disrupt the way humans work, live and interact.
One in five workers in a non-routine job will rely on artificial intelligence (AI) for at least part of their role, according to forecasts.
Hughes Network Systems, LLC and services and OneWeb have announced that Hughes has become a worldwide distribution partner for OneWeb.
After securing approval last summer from the "Bank Al Maghrib", Orange Morocco has launched of Orange Money in the kingdom.
Senior business leaders often ask me what new technology they should be investing in to improve their customer experience and loyalty.
MyOffice, the Russian developer of software for collaborative work with documents, has developed a partner network for operation in the countries of Africa.
The implementation of the AfCFTA in Eastern Africa could result in welfare gains amounting to USD 1.8 billion for East Africa, boosting intra-African exports by more than USD 1.1 billion and creating more than 2 million new jobs, says a new report.
Recent years have witnessed the rising popularity of crowdfunding, with more and more startup companies and businesses utilizing this alternative method of raising money.
IATA is estimating that Corona virus, now known as CORVID-19, could narrow Africa’s capacity growth by 0.4% and cost the region’s airline around $40 million in 2020.
The African Energy Chamber announces its termination of its partnership with Africa Oil & Power, which it has had since 2018.
Mr. Cosby Manuel Oliveira Toichoa, Associate and Mr. Santiago Olo Lima, Director of Equatorial Guinea, have acquired the operations of the Centurion Law Group in Equatorial Guinea
The European Investment Bank has published the new edition of the “Banking in Africa” series: “Financing Transformation amid Uncertainty”.
Science, Technology, Engineering and Mathematics (STEM) skills are still the most in-demand jobs in South Africa in the job market, yet only 13 per cent of graduates in STEM fields are women.
A group of Black Industrialists from South Africa will get an opportunity to seek investment and trade opportunities in Tanzania when they participate in a trade mission to Dar es Salaam this month.
InComm, a payments technology company has partnered with Flash, South Africa's payments transaction integrator, and Pepkor Group, to launch prepaid products in South Africa.
Standard Bank South Africa is moving its core SAP Cloud Platform services to Microsoft Azure to significantly improve the experience customers have with the bank.
African equity capital market (ECM) activity in 2019 declined sharply both in volume and value from 2018, with 2019 posting the lowest proceeds raised in ten years.
Côte d’Ivoire has partnered with UNCTAD and Germany to assess its readiness for e-commerce.
Over half of world companies have no business continuity plan to combat Coronavirus outbreak, mercer study
More than half of companies, 51 per cent, around the world have no plans or protocols in place to combat a global emergency, such as coronavirus (COVID-19), a study by global consultancy firm Mercer has shown.
The African Development Bank’s (AfDB) Fashionomics Africa initiative hosted 110 entrepreneurs from the textile, apparel and accessories industry for a workshop on how to establish a successful fashion brand.
AfDB and the Association for the Development of Education in Africa have called on partners to equip young people with the skills they need to boost technological advancement, trade and growth in Africa.
The World Health Organization has warned that severe and mounting disruption to the global supply of personal protective equipment caused by rising demand, panic buying, hoarding and misuse is putting lives at risk.
The Middle East and Africa personal computing devices market, which is made up of desktops, notebooks, workstations, and tablets, suffered a slight year-on-year decline in shipments during the final quarter of 2019, according to IDC.
Pay on demand solutions drive new wave of digital and financial inclusion in Africa, Mastercard report
Mastercard has released a white paper revealing that giving people the ability to pay only for what they use, as they need it, can lift millions of people across Africa out of poverty and make prosperity possible.
Global search engine, Google, has awarded a $1.93 million in funding for media related projects across Africa, Middle East and Turkey.
IFC announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program.
An online business networking platform aimed at connecting 50 million women entrepreneurs across Africa has been launched.
Automotive industry continues to reflect power of good industrial policy in South Africa,Trade Minister
The automotive industry in South Africa has continued to reflect the power of combining good industrial policy and foreign direct investment and it remains the backbone of the country’s industrialisation drive.
The UK launched the second round of a business innovation challenge fund that will see an additional 5 promising businesses receive grant funding and technical assistance of up to KES 13,000,000 each.
The implementation of the Tripartite Free Trade Agreement is now in sight following a spike in the number of countries ratifying and set to ratify the Agreement.
Toshiba Energy Systems & Solutions Corporation will be supplying steam turbine and the generator for Aluto Langano Geothermal Wellhead Power System in central Ethiopia
FPSO Abigail-Joseph has set sail from Singapore to the Anyala & Madu fields in Block OML 83 & 85, offshore Nigeria, marking the successful completion of its conversion and life extension phase.
BICS, a global communications enabler, joined the SMART Africa Alliance and is supporting its ‘One Africa Network.
Orange will be the first telco to adopt the ground-breaking O3b mPOWER, SES’s next-generation Medium Earth Orbit (MEO) satellite communications system.